50.1K

Verified Solution

Link Copied!

Help with filling in information.

The following costs and inventory data were taken from the accounts of Carla Vista Company for 2022: (Assume allraw materials used were direct materials.) January 1, 2022 December 31, 2022 $ 9.440 $ 8,260 17,700 15,340 Inventories Raw materials Work in process Finished goods Costs incurred Raw materials purchases 18,880 14.160 $ 115,640 Direct labor 49,560 9.440 Factory rent Factory utilities Indirect materials 11,800 7,080 Indirect labor 10.620 Operating expenses 20.060 View Policies Current Attempt in Progress From the account balances listed below, prepare a schedule of cost of goods manufactured for Carla Vista Manufacturing Company for the month ended December 31, 2022. (Assume allraw materials used were direct materials) Account Balances Finished Goods Inventory, December 31 $49.560 Factory Supervisory Salaries 14.160 Income Tax Expense 21.240 Raw Materials Inventory, December 1 14,160 Work In Process Inventory, December 31 17,00 Sales Salories Expense 16.520 Factory Depreciation Expense 9.440 Finished Goods Inventory, December 1 41.300 Raw Materials Purchases 123.900 Work In Process Irwentory, December 1 29.500 Factory Utilities Expense 7,080 Direct Labor 82.600 Raw Materials inventory, December 31 22,420 Sales Returns and Allowances 5.900 Indirect Labor 24,780 CARLA VISTA MANUFACTURING COMPANY Cost of Goods Manufactured Schedule > > > > > >

Answer & Explanation Solved by verified expert

See Answer